Foursquare Becomes Great Predictor Of Divorce

Social apps are taking on new uses, with Twitter predicting movie box office success and now location sharing apps such as Foursquare potential predicting divorce. Information about pending divorces are of course of interest to lenders, and it’s actually Visa who’s using mobile social network data to predict such, so they know where to find you.

The gist is this: divorce leads to financial difficulties which leads to payments not being made. If a lender knows where to find you, it’s far easier to collect, right? The Daily Beast mentions that how credit card companies do this “is a closely guarded secret,” though we can speculate.